Goldman was caught ‘wrongfooted’ in trading but outlook better: CEO

NEW YORK (Reuters) - Goldman Sachs Group Inc's trading division was caught "wrongfooted" last year, bracing for a return of volatility that did not materialize in financial markets, Chief Executive Officer Lloyd Blankfein said on Tuesday.

NEW YORK (Reuters) - Goldman Sachs Group Inc's trading division was caught "wrongfooted" last year, bracing for a return of volatility that did not materialize in financial markets, Chief Executive Officer Lloyd Blankfein said on Tuesday.